Social responsibility
A) has little or no associated costs.
B) can be extremely expensive and provides very little benefit to a company.
C) has become less important as businesses become more competitive.
D) is generally a crafty scheme to put competitors out of business.
E) is costly but provides tremendous benefits to society and the business.

Question

Quizplus · Accepted Answer

Social responsibility is typically associated with costs, but it also provides significant advantages to companies. By behaving ethically and supporting their communities, businesses can establish strong reputations while also contributing to society. This can lead to increased brand loyalty, customer goodwill, and even financial returns through improved stock performance. While costly, corporate social responsibility can ultimately be an excellent investment for businesses.

Social Responsibility